Fortune 500 and Fortune 1000 Companies in Phoenix
Updated Sep 16, 2024
As of 2024, there are currently 4 Fortune 500 companies and 7 Fortune 1000 companies headquartered in Phoenix, Arizona. These companies in total generate $87 billion in annual revenue, $6 billion in annual profit and employ 160,000 people.
A Fortune 500 company is one of the 500 largest corporations in the United States, ranked by total revenue for their respective fiscal years. These companies are known for their significant influence on the economy, often leading their industries and driving innovation and job creation. The Fortune 1000 list expands on this by including the top 1,000 companies, offering a broader perspective on the nation's corporate landscape.
Phoenix, Arizona, has become a hub for major corporations, attracting a diverse range of Fortune 500 and 1000 companies. With its business-friendly environment, strategic location, and skilled workforce, the city has drawn significant investment from industries like technology, finance, healthcare, and manufacturing. These large companies have not only contributed to the local economy but have also cemented Phoenix’s reputation as a thriving business destination in the Southwest.
As the fifth-largest city in the U.S., Phoenix is home to several industry giants, including household names that have shaped both the local and national economy. From headquarters to regional offices, these companies play a vital role in the city's growth and employment landscape. Below is a list of some of the most prominent Fortune 500 and 1000 companies that have a major presence in Phoenix.
| Rank | Company | Ticker | Industry | State | City | Revenues (millions) | Profits (millions) | Assets (millions) | Market Value (millions) | Employees |
|---|---|---|---|---|---|---|---|---|---|---|
| 157 | Avnet | AVT | Wholesalers: Electronics and Office Equipment | Arizona | Phoenix | $26,536.9 | $770.8 | $12,477.2 | $4,480.2 | 15,800 |
| 178 | Freeport-McMoRan | FCX | Mining, Crude-Oil Production | Arizona | Phoenix | $22,855 | $1,848 | $52,506 | $67,445.9 | 27,200 |
| 276 | Republic Services | RSG | Waste Management | Arizona | Phoenix | $14,964.5 | $1,731 | $31,410.1 | $60,229 | 41,000 |
| 495 | Knight-Swift Transportation Hldgs. | KNX | Trucking, Truck Leasing | Arizona | Phoenix | $7,141.8 | $217.1 | $12,870.8 | $8,885.4 | 34,550 |
| 520 | Sprouts Farmers Market | SFM | Food & Drug Stores | Arizona | Phoenix | $6,837.4 | $258.9 | $3,327.4 | $6,526.1 | 32,000 |
| 668 | Pinnacle West Capital | PNW | Utilities: Gas and Electric | Arizona | Phoenix | $4,696 | $501.6 | $24,661.2 | $9,215.1 | 6,133 |
| 704 | Western Alliance Bancorp. | WAL | Commercial Banks | Arizona | Phoenix | $4,316 | $722.4 | $70,862 | $7,072.5 | 3,260 |